Movile raised a fresh US$124m round of financing for iFood, led by Naspers, with participation from Innova Capital. Last year, Movile raised US$82m for iFood and US$53m for Movile, also from Naspers and Innova Capital.
Nubank is a mobile-based credit card business based in Brazil. Nubank recently closed a new R$250m credit line from FIDC (Fundo de Investimentos em Direitos Creditórios). Nubank previously raised R$200m and R$445m credit lines from Goldman Sachs. For more information visit lavca.org/vc.
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Salesforce Ventures made its inaugural investment in Latin America in RunaHR, a payroll automation platform, in a US$3.5m seed round that included Y Combinator, the founder of Gmail, CTO of Dropbox, executives of Rappi, Nubank, Cabify and WeWork Latin America, and HR experts including the CTO of Zenefits, former Head Sales Head of Gusto and former Product Manager of Gusto.
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Canary raised R$160m for its first fund. Investments include fintech SmartMEI, HR platform Gupy, IT startup Terramagna, used car marketplace Volanty, online factoring platform Rapidoo, and IDwall, a validation and…
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DST Global led a US$150m investment in Brazilian fintech Nubank, with participation from Thrive Capital and Dragoneer Investment Group, and existing investors Founders Fund, Redpoint Ventures, Ribbit Capital and QED Investors.…
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Nubank closed a new R$250m credit line from FIDC (Fundo de Investimentos em Direitos Creditórios). Nubank previously raised R$200m and R$445m credit lines from Goldman Sachs. (Baguete) O Nubank captou…
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(ACN Newswire) Scotiabank and QED Investors announced a partnership to inject capital and industry expertise into select Latin American FinTech companies. The joint investment will create a venture capital platform…
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(New York Times) DST Global, the investment firm started by Russian venture capitalist Yuri Milner, led a US$80m round in Nubank, with participation from Redpoint Ventures and Ribbit Capital. Prior…
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(Valor Econômico) Brazilian fintech startup Nubank has received a R$200m debt investment from Goldman Sachs. Nubank Receives R$200m Injection from Goldman Sachs (em português) was last modified: November 2nd, 2017…
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(DealBook) Brazilian start-up Nubank, a mobile-based credit card business, received in December a new financing round led by Founders Capital and previous backers Sequoia Capital, Kaszek Ventures, and Tiger Global.…
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(TechCrunch) Brazil is one of the world’s fastest growing mobile markets, with 90 million smartphones in circulation among a population of about 200 million, and today a fin-tech company that…
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